The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

Stage

Acquired | Acquired

About M R Crowder

M R Crowder is a pharmacy.

M R Crowder Headquarter Location

9 Dewhurst Terrace Sunniside, Gateshead

Tyne and Wear, England, NE16 5LP,

United Kingdom

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Expert Collections containing M R Crowder

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

M R Crowder is included in 1 Expert Collection, including Pharma Supply Chain.

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Pharma Supply Chain

1,258 items

Latest M R Crowder News

Growing pharmacy group brings turnover to £9m after Gateshead acquisition

Aug 15, 2017

Growing pharmacy group brings turnover to £9m after Gateshead acquisition David Jarvis' pharmacy group has expanded after acquiring M R Crowder  Share (L-R) David Adams (Archers), Chris Hird (Tait Walker), Steve Plaskitt (Tait Walker) and pharmacist Kevin Simpson  Share Get business updates directly to your inbox + Subscribe Thank you for subscribing! Could not subscribe, try again laterInvalid Email Two entrepreneurs have created one of the North East’s largest pharmacy groups after snapping up Gateshead-based M R Crowder Limited. Pharmacists David Jarvis and Kevin Simpson have built up a portfolio of businesses over the last 30 years. Their work has led to the David Jarvis Group generating more than £9m in turnover a year. Mr Jarvis originally started to build his pharmacy empire in Teesside in the early 1990s, initially buying locations at Southbank, Eastbourne Road and Grangetown. Despite carrying out three corporate deals over the last three months, the duo have no plans to slow their growth strategy, and have said they are still on the lookout for more acquisitions. Mr Simpson said: “David Jarvis has a vision to see locally-owned and operated independent pharmacies prosper in a climate of ever increasing competition from national multiples and regional groups. “We continue to look for further opportunities to acquire pharmacies within the North East and to work with ambitious and business-minded pharmacists.” The acquisition of M R Crowder was carried out by Edenhill Healthcare, which is owned by Mr Jarvis, Mr Simpson and shareholder Marisa Arden. The deal follows the pair’s recent purchase of Willington-based Britton and Robson Limited in May. Read More Northumberland seafood restaurateurs open new eatery La Famiglia They also recently sold their shareholdings in Houghton-le-Spring’s Frank Jones Limited. The business was sold to pharmacist Greg Clark who had helped run the practice for a number of years before deciding to take the entrepreneurial plunge and buy the firm. North East accountancy firm Tait Walker advised Mr Jarvis and Mr Simpson on all three of the transactions. They were also supported by Archers Law LLP and Lloyds Bank. Steve Plaskitt, corporate finance partner at Tait Walker, said: “We have a great relationship with Kevin and David and a great team at Tait Walker that has helped structure these deals, assist with negotiations, taxation planning and fund raising to make sure the deals go smoothly. “I hope David and Kevin continue to find other opportunities and the whole team at Tait Walker look forward to working with them again.” Daniel Flounders, associate solicitor at Archers Law, said: “We are delighted to have been able to assist Kevin and David in respect of the corporate transactions, carrying out the legal work to achieve a smooth transition for the shareholders and the development of the David Jarvis group as a whole. Read More “As the North East pharmacy industry continues to thrive, we look forward to assisting Kevin and David with future growth and maintaining our strong working relationship with them.” Like us on Facebook

  • Where is M R Crowder's headquarters?

    M R Crowder's headquarters is located at 9 Dewhurst Terrace, Tyne and Wear.

  • What is M R Crowder's latest funding round?

    M R Crowder's latest funding round is Acquired.

  • Who are the investors of M R Crowder?

    Investors of M R Crowder include Edenhill Healthcare.

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